Monthly Archives: December 2015

CAM Capital has acquired the BT data centre in Cardiff which was formerly partially collateral in the Project Isobel loan portfolio for approximately £25m. CoStar News understands that ICG-Longbow has been lined to up finance the asset with a circa … Continue reading →

Park Street Advisors, a private equity fund advisor focused on structured and distressed European commercial real estate, has completed the first closing of $100m for its maiden fund from a large US private equity firm. The fund, called Panther Capital … Continue reading →

Post-crisis UK commercial property deleveraging slowed to a trickle in the first half of this year in part offset by a 25% year-on-year increase in the rate of new lending, which could bring to an end a run of six … Continue reading →

Grosvenor, the real estate company owned by the Duke of Westminster, has refinanced the 2.4m sq ft Liverpool ONE shopping centre with a seven-year £410m loan from a five-strong club of banks. Grosvenor, the real estate company owned by the … Continue reading →

Great Portland Estates has arranged a new £90m five year non-recourse loan with Royal Bank of Scotland and Crédit Agricole CIB for The Great Ropemaker Partnership (GRP). CoStar News understands that the margin was 125 basis points over three-month LIBOR, … Continue reading →

NL Financial Investments, the financial entity established by the Dutch State to bail out the country’s bank in the global financial crisis, has formally sanctioned the privatisation of the Propertize bad bank, in a sale process dubbed Project Swan. Propertize … Continue reading →

Lone Star has secured a £133m development finance facility from Lloyds Bank’s commercial real estate team and Wells Fargo for the Two Fifty One scheme near the Ministry of Sound nightclub in Elephant & Castle. The development facility is split … Continue reading →